Band Financial News

16.08 / 11:23

UPS IPO Platform band performer open SME IPO: Shoora Designs issue to open on Thursday. 10 things to know about the offer

Shoora Designs will open for public subscription on August 17. The issue closes on August 21.

16.08 / 09:17

COST IPO band cover Pyramid Technoplast IPO: What does the latest GMP signal ahead of IPO opening? Check here

₹153.05 crore worth Pyramid Technoplast IPO price band has been fixed in the range between ₹151 to ₹166 per equity share of face value of ₹10 each. The lot size for the issue is 90 equity shares and in multiples thereof. Pyramid Technoplast IPO comprises fresh issue of 55 lakh shares aggregating to ₹91.30 crore and an offer for sale (OFS) of 37.20 lakh equity shares aggregating to ₹61.75 crore on upper band price of the offer.

16.08 / 05:59

IPO band Premium SBFC Finance shares make a decent debut; lists with a premium of 44% at ₹82 apiece on NSE

₹82 apiece on the NSE, a premium of 43.85% to the issue price of ₹57 per share. On BSE, SBFC Finance listing took place at a premium of 43.84% at ₹81.99 per share.

16.08 / 04:45

COST UPS IPO Booking band Premium SBFC Finance shares list at robust premium of 44% over IPO price

SBFC Finance listed at a robust premium of 43.8% on the exchanges in Wednesday's trade. The stock debuted at Rs 82 on NSE over the IPO price of Rs 57 apiece. Meanwhile, on BSE it listed at Rs 81.99 per share.

16.08 / 01:55

UPS Waves Vodafone band Reliance Jio Reliance Jio, Vodafone Idea, Bharti Airtel to increase workforce by 25% in FY24: Report

Reliance Jio, Vodafone Idea, and Bharti Airtel, India’s top three telcos, are expected to add up to 25% more employees to their existing workforce in Financial Year (FY) 2024, The Economic Times reported. The demand for telecommunications jobs is seeing a rise due to 5G technology.

16.08 / 01:55

IPO Digital band SBFC Finance IPO listing date today. GMP, experts predict over 50% listing gain for allottees

SBFC Finance IPO: Listing date for the initial public offering (IPO) of SBFC Finance Limited has been fixed on 16th August 2023 i.e. today. As per the information available on BSE website, effective from Wednesday, August 16, 2023, the equity shares of SBFC Finance Limited shall be listed and admitted to dealings on the exchange in the list of 'B' group of securities.

15.08 / 18:53

Reuters shootings band Option CPI spurts past 7%, but RBI may have option to hold off hikes

RBI) reason to hold off on monetary policy tightening. Consumer Price Index (CPI) inflation rose to 7.44% in July from 4.87% in June, shooting past the RBI's tolerance band of 2-6% and marking the highest print in 15 months. A Reuters poll of 53 economists had predicted the retail price gauge at 6.4% in July.

15.08 / 18:01

UPS Metro Vodafone band show Adani, Vi may face fines if they fail 5G minimum rollout rule

₹1 lakh per week for the first 13 weeks, followed by ₹2 lakh per week for the next 13 weeks, will be levied on the telcos that do not meet the obligation. A show cause notice will be issued before penalties are levied. A second official said that the companies were yet to communicate their plans for meeting the rollout conditions, while adding that the government was not in favour of giving any extensions to the deadline.

15.08 / 16:33

Target Dash FIVE Gap Align band Core inflation Cooling core inflation fails to cheer amid supply flux

MUMBAI : A declining core inflation, amid a 15-month high retail inflation, gives no reprieve to the Reserve Bank of India (RBI), which recently called for supply-side interventions to cushion food price shocks. Inflation, without accounting for food and energy prices, known as core inflation, stood at 4.9% in July, as against 5.1% in June. Economists believe it will remain sticky in the coming months.

15.08 / 16:03

Target Dash FIVE Gap Align band Core inflation Core inflation brings no joy to RBI as supplies tighten

15.08 / 14:19

Waves Lowe's Enterprise band show Ahead of Market: 10 things that will decide stock action on Wednesday

Here's how analysts read the market pulse: «Following weak performances in Asian markets, the domestic indices commenced the day with a negative bias, prompted by discouraging domestic industrial data along with concerns over demand from China. However, the indices managed to recover from their initial losses, ending the day on a relatively neutral note. India's wholesale inflation persisted in negative territory, albeit moderating to -1.36%, as the decline in fuel prices was counterbalanced by higher food costs.

15.08 / 12:19

UPS Lowe's Target band stage Explainer Mint Explainer: Why is retail inflation at a 15-month high?

Mint explains why. The CPI inflation soared to a much sharper-than-expected 15-month high of 7.44% in July 2023 from 4.9% in June 2023, due to vegetables, as well as some other food items such as pulses, spices and cereals. Excluding vegetables, the increase in the CPI inflation print was relatively tolerable, to 5.4% in July 2023 from 5.2% in the previous month.

15.08 / 09:41

IPO Booking band TVS Supply Chain IPO: What does the latest GMP signal as focus shifts to allotment

₹880 crore-worth TVS Supply Chain IPO was subscribed 2.85 times in total as the public issue received bids for 6.99 crore shares as compared to 2.51 crore share on the offer during August 10 to August 14. TVS Supply Chain IPO was subscribed 7.89 times in the retail category and 1.37 times in the Qualified Institutional Buyers’ (QIB) category. The Non-Institutional Investors (NII) portion was booked 2.44 times by August 14, 2023, the last day of the bidding process.

15.08 / 08:49

IPO band SBFC Finance IPO: What does the latest GMP signal ahead of listing date; Check key details here

IPO listing date is 16th August 2023. SBFC Finance IPO share allotment was fixed on August 10, while the shares were credited to the eligible investors' demat accounts on August 14. The investors who received have the SBFC Finance shares will now look for the grey market premium for the expected listing price.

15.08 / 08:25

UPS Google Align Browser band Inheritance tax Why are inheritance tax receipts rising and what can you do?

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

15.08 / 06:59

COST Provident Interface Cardiovascular band track 6 Best Recumbent Bikes in India For Pain Relief (2023)

From cutting-edge features to user-friendly interfaces, these bikes offer more than just cardiovascular benefits; they are tailored to provide a comfortable and supportive experience, making them an ideal choice for those dealing with joint issues or back pain. Join us as we explore the top recumbent bikes that prioritize pain relief without compromising on fitness gains. Scroll through to know more.

15.08 / 02:01

FIVE Anthem Celebrity band country events independence day Independence Day 2023: From flag hoisting to PM Modi's speech; check full list of events at Red Fort today

Narendra Modi will deliver his 10th consecutive Independence Day address to the nation today i.e. on 15 August. He will hoist the national flag from the ramparts of the iconic Red Fort on today morning to a 21-gun salute and then address the nation.

15.08 / 01:17

COST Lowe's FIVE band show country independence day Independence Day 2023: What's been India's inflation trajectory in last one year? check key figures

Independence Day 2023: Over the last one year, India's annual retail inflation has witnessed both upside and downside peaks over price fluctuations in the basket and due to global headwinds. Government data released yesterday showed that the country's consumer price index (CPI) inflation surged sharply to a 15-month high peak of 7.44 per cent in July 2023, driven by high food and vegetable prices. July CPI print has breached the Reserve Bank of India's upper tolerance limit of 6 per cent for the first time in five months.

14.08 / 21:13

Southern love Celebrity band track song Death Cult to celebrate 40th anniversary with UK, US and Ireland Tour. See details

Rock band Death Cult is celebrating its 40th anniversary with a tour across the UK, the US, and Ireland. The band, whose members are Billy Duffy and Ian Astbury, will perform at renowned venues that hold significance from their early days.

14.08 / 19:37

COST UPS Target Digital band Costs Retail inflation roars to 7.44% as food costs bite

NEW DELHI : Consumer Price Index (CPI)-based inflation shot past estimates to hit a 15-month high of 7.44% in July as food and vegetable prices surged, breaching the Reserve Bank of India’s (RBI) inflation target range for the first time since February. A Mint poll of 19 economists had estimated a six-month high retail inflation of 6.50% in July, sharply up from June’s 4.81%, on account of a surge in vegetable prices.

14.08 / 14:43

UPS IPO Booking AXY band TVS Supply Chain IPO sees strong retail demand, issue subscribed 2.78 times

₹880 crore IPO was subscribed 2.78 times, with bids received for a total of 6.99 crore shares against 2.51 crore on offer, according to data from the stock exchanges. The IPO’s institutional quota was subscribed 1.35 times, while non-institutional investors’ portion was subscribed 2.35 times, suggesting that the primary market may be headed for brisk business. “IPOs priced over last 1-2 quarters has seen strong participation from all categories - domestic & foreign institutional and retail investors.

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